SOURCE: HQ Sustainable Maritime Industries Inc.

HQ Sustainable Maritime Industries Inc.

March 09, 2011 08:28 ET

HQ Sustainable Maritime Industries, Inc. to Announce Results for the Fourth Quarter and Fiscal Year Ended December 31, 2010

SEATTLE, WA--(Marketwire - March 9, 2011) - HQ Sustainable Maritime Industries, Inc. (NYSE Amex: HQS) ("HQS" or the "Company"), a leading producer and marketer of health products derived from marine based raw materials as well as Tilapia resulting from vertically integrated operations, will announce results for the fourth quarter and fiscal year ended December 31, 2010 on Wednesday, March 16, 2011, after the market close. The Company will also host a conference call to discuss these results with additional comments and details. Participating on the call will be Norbert Sporns, President and Chief Executive Officer, and Jean-Pierre Dallaire, Chief Financial Officer.

The conference call is scheduled to begin at 4:30 p.m. ET on March 16, 2011. The call will be broadcast live over the Internet hosted at the Investor Relations section of HQ Sustainable Maritime's website at http://www.hqfish.com/, and will be archived online through March 25, 2011. In addition, domestic participants may dial (877) 407-9039 and international participants may dial (201) 689-8470 to listen to the live broadcast.

A telephonic playback will be available from 7:30 p.m. ET, March 16, 2011, through March 30, 2011. Domestic participants may dial (877) 870-5176 and international participants may dial (858) 384-5517 to hear the playback. The passcode is 368437.

About HQ Sustainable Maritime Industries, Inc.

HQ Sustainable Maritime Industries, Inc. ("HQS") is a leader in the production and marketing of health products derived from marine based raw materials as well as Tilapia resulting from vertically integrated operations. HQS practices cooperative farming of sustainable aquaculture, produces all-natural enriched feeds, Tilapia value added products and health products. The Company markets its nutraceutical and health products, including its "Omojo" branded health products through retail and franchise sales in China. Some of these products are now being introduced to the United States. The World Brand Laboratory and also the China Health Care Association have recognized these as China leading Health product brands.

The Company produces and sells certified, value added Seafood products, including "Gluten Free" "Lillian's Healthy Gourmet" products in the United States through its Seattle based affiliate. US based sales have been expanded to include "Omojo" health products.

The Company's subsidiaries hold GMP certification from China. HACCP certification from the U.S. FDA and the EU Code assignment of quality, permitting its products to be sold in international markets. It has also achieved the ISO 9001 quality management system standards certification and the ISO 22000 certification for quality in food safety. HQS tilapia farming, processing and feed manufacturing standards met Best Aquaculture Practices, the new Global G.A.P., the Global Partnership for Good Agriculture Practice, standards for Tilapia. The Chinese government gave organic certification to the Company's tilapia processing, production, labeling, marketing and management system. In addition to headquarters in Seattle, HQ has operational and Sales and Marketing offices in Seattle, Newport Beach, Beijing, Shanghai, Hangzhou, Nanning, Changsha, Guangzhou, Shenzhen, Sanya, Zhuhai, Hong Kong, Wenchang and Haikou. The Company's website is www.hqfish.com; with subsidiary products marketing web sites at www.omojohealthusa.com; www.lillianshealthygourmet.com; www.oudun.cc/; www.fishbao.net/; www.jiahuabio.com.

Contact Information

  • CONTACTS:
    Investor Relations
    Katie Turner
    ICR, Inc.
    646-277-1228
    Email Contact